Coin collecting hobby – a unique and profitable hobby
Coin collecting stands not simply as an attractive activity but additionally as a capacity pathway to junior treasure reputation. Surely many ancient and rare coins range in rate from lots to even millions of dollars?
A few of these coins are exquisitely uncommon and fetch crores in auctions. One such coin certainly rare and valuable: the 1958 Double Die Obverse Lincoln Cent, which offered in an public sale for extra than $1.1 million.
We shall explore this uncommon coin in detail and additionally discuss five other incredibly valuable coins . If you are keen on coin collection, this facts could be useful for you.
1958 Double Die Obverse Lincoln Cent – The Rarest Coin
What is special about this coin?
1958 Double Die Obverse Lincoln Cent is taken into consideration to be one of the rarest and maximum acceptable coins among coin collectors. Its maximum special characteristic is that clear doubling can be seen within the writing “LIBERTY” and “IN GOD WE TRUST” published on it.
The rarity of this coin may be gauged from the truth that best three authenticated coins exist in the world. This coin became by chance minted on this manner, making it extremely valuable.
Big auctions of this coin
- In March 2018, a coin of MS64RD condition graded by means of PCGS was sold for $336,000 (about Rs 2.8 crores).
- In January 2023, the coin within the best grade (MS65RD) bought for $1,136,250 at Great Collections Auctions.
Five other rare and valuable coins you should look out for
1. 1943 Copper Wheat Penny – A priceless coin made by mistake
Due to World War II, there was a intense shortage of copper in 1943. Therefore, the US government decided to mint steel coins. However, a few old copper blanks were by accident left in the machine, ensuing in some 1943 coins being minted in copper.
How a good deal is this coin really worth?
- The rate of a 1943 copper penny has climbed to over $500,000.
If you show up to find a 1943 coin, perform a magnet check. If it does not persist with a magnet; it could well be a genuine copper penny and will probably exchange your life!
2. 1909-S VDB Lincoln Cent – Rare Coin with Designer’s Name
In 1909, the Lincoln cent become introduced and it changed into designed by way of the well-known fashion designer Victor David Brenner. The coin had his initials “VDB” imprinted on its reverse.
However, a few objected to the fashion designer’s call being mentioned too prominently. As a result, VDB became soon eliminated, but now not earlier than simplest 484,000 coins were minted on the San Francisco Mint.
How much could this coin be worth?
- Some rare 1909-S VDB coins have sold for over $300,000.
If you have a 1909 coin, look for the “VDB” on the reverse and the “S” on the front.
3. 1955 Double Die Lincoln Cent – Visible Minting Mistake
In 1955, the Lincoln cent acquired a more serious error in minting in which the letters “LIBERTY,” “IN GOD WE TRUST,” and the year 1955 appear twice. So apparent was this error that it could be seen by the naked eye.
What is the value of this coin?
- Uncirculated coins in good condition are priced between $10,000 and $25,000.
- Mint State coins can go higher for a price of more than $50,000.
If you have a 1955 coin, then look very closely at it. If there is repetition within the letters, then it may be a rare coin.
4. 1933 Saint-Gaudens Double Eagle – Rarest Gold Coin
The year of mintage of this gold coin is 1933, with a face value of $20; however, the US government stopped the circulation of gold coins, leading to the melting of most of these coins.
What can be the worth of this coin?
It was in the year 2021 that a 1933 Double Eagle coin was auctioned for $18.9 million (about Rs 156 crore).
One of the rarest and most expensive coins across the world. A treasure for anyone having this coin!
5. 1913 Liberty Head Nickel – ONLY 5 COINS EXIST!
In 1913, the U.S. Government stopped minting nickels (the 5-cent coin) with the Liberty Head design. However, for some cause only 5 coins were secretly made, making this coin extraordinarily uncommon and valuable today.
How much can this coin be worth?
- A 1913 Liberty Head Nickel sold for $3.7 million.
If someone has this coin, then he is the owner of a rare treasure.
Conclusion – Your coin can also be rare and valuable!
Collecting coins can go beyond being a hobby to becoming a unique discovery. Sometimes common looking coins can be worth lakhs or crores of rupees.
If you’ve got antique coins, then check them carefully. If a coin can be any of the 1943 Copper Penny, 1955 Double Die Cent, 1909-S VDB, 1933 Double Eagle, or 1913 Liberty Head Nickel, then it can exchange your future!
If a coin appears to be rare, send it to depended on companies like PCGS or NGC for certification (grading). That one coin to your pocket will be really worth thousands and thousands!
FAQs
Why is the 1958 Doubled Die Lincoln Cent so valuable?
Only three are known to exist, making it one of the rarest U.S. coin errors.
How can I identify a 1958 Doubled Die Lincoln Cent?
Look for clear doubling in “LIBERTY” and “IN GOD WE TRUST” on the obverse side.
Why were some 1943 pennies struck in copper?
A few copper blanks were mistakenly used instead of steel during World War II.
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